Stellar Ecosystem
News

Circle and the Stellar Development Foundation announced USDC is now live on Stellar, immediately available on Stellar's DEX and integrated wallets. The stablecoin pairs USDC's $6B circulation with Stellar's 1.5B+ processed operations, enabling cross-border payments and new business opportunities across the ecosystem.

Stellar Development Foundation invested $5 million in Wyre, a blockchain payments company, to integrate payment APIs and on/off ramps for USDC stablecoin across USD, GBP, CAD, AUD, and EUR pairs on the Stellar network.

Stellar Development Foundation invested $5 million in Wyre during a Series B2 funding round to expand USDC on/off ramps and payment infrastructure across USD, EUR, GBP, CAD, and AUD pairs.

SDF and Wirex surveyed 3,834 cryptocurrency users to understand cross-border payment needs. Key findings: users want transaction fees below 1%, 86% feel safe using crypto, but 75% are unaware of stablecoins despite mainstream crypto adoption.

SDF's Q4 2020 report highlights landmark achievements including USDC integration, Protocol 15 launch with Claimable Balances and Sponsored Reserves, strategic partnerships with Ukraine's Ministry of Digital Transformation, and record network growth with 1819% increase in assets.

Stellar Development Foundation celebrated 2020 as a landmark year, processing 1.553 billion total operations on the network and growing from 12 to 20 anchor services. The ecosystem saw 61% growth in relevant assets and 21X increase in transaction volume, driven by strategic focus on network robustness, trust, and sustainable use cases.

SatoshiPay integrates Bankhaus von der Heydt's euro-backed stablecoin (EURB) into its cross-border payment service DTransfer. The EURB launched on Stellar via a partnership between the 270-year-old German bank and Bitbond, providing regulatory-compliant EUR transfers across the Single Euro Payments Area.

Circle Internet Financial will issue USDC stablecoin on Stellar, launching by February 2021. The asset will enable businesses to build payment apps with reliable access to tokenized USD for cross-border transactions.

Meridian 2020, SDF's annual conference, brought together global leaders including Tim Berners-Lee and former World Bank President Jim Yong Kim to discuss blockchain's role in financial inclusion, cross-border payments, and solving real-world challenges through open networks and decentralized technology.

SendIt is a user-friendly wallet built on the Stellar blockchain that enables sending and receiving payments via email addresses, eliminating the need for public keys or technical blockchain knowledge. It supports stablecoins, XLM, and asset swaps like USD to NGN for instant cross-border transfers via Stellar anchors. The testnet is live, with mainnet launch planned in two months to drive mass adoption and financial inclusion.

Lettuce Pay, a Stellar Community Fund grantee, surveyed 130 U.S. small business owners on cryptocurrency payment acceptance. Key findings: 30% have been asked to accept crypto, 75% would if it instantly settled to USD, and two-thirds believe crypto will become mainstream in five years. The company is building a product to let merchants accept crypto while dealing only with USD.

Denelle Dixon, CEO of Stellar Development Foundation, spoke at the IMF World Bank Annual Meetings on a panel about cross-border payments, emphasizing that private sector innovation must prioritize use cases, interoperability, and developer-friendly technology to enable financial inclusion through permissionless networks.

Stellar CEO Denelle Dixon will speak on a panel at the IMF's annual meeting about the private sector's role in cross-border payments, alongside leaders from eCurrency, Mastercard, and Celo. The panel will be webcast on October 19.

Circle announced USDC stablecoin integration with Stellar blockchain starting Q1 2021, triggering a 10% price surge in XLM to $0.08 and doubling trading volumes. USDC becomes Stellar's first major USD-pegged stablecoin.

Circle announced USDC stablecoin support for Stellar blockchain by Q1 2021, making Stellar the third network to support USDC after Ethereum and Algorand. The move expands Circle's multi-chain strategy and enables Stellar developers to build financial inclusion solutions.

Stellar validators will vote on Protocol 15 upgrade on November 23, 2020, introducing Claimable Balances and Sponsored Reserves to simplify user onboarding and reduce friction for anchors and app developers building on the network.

Stellar's SEP-24 and SEP-31 standards define how anchors integrate with wallets and each other for fiat on/off-ramps and cross-border payments. SEP-24 enables direct user deposits/withdrawals through wallet interfaces, while SEP-31 allows anchor-to-anchor bank transfers without end-user involvement.

Denelle Dixon, CEO of the Stellar Development Foundation, briefed the House Financial Services Committee on blockchain's role in transforming payments, focusing on how Stellar enables fast, low-cost cross-border remittances through real-world examples like Cowrie in Nigeria and Tempo in Europe.

Stellar is purpose-built for stablecoins, enabling interoperable global payments by bridging fiat and digital currencies. The network's native asset issuance and Anchor infrastructure create a frictionless cross-border payment system with near-instant settlement and ultra-low costs.

Stellar has been integrated into Samsung Blockchain Keystore, becoming the fifth cryptocurrency supported alongside Bitcoin, Ethereum, Tron, and Klaytn. Samsung Galaxy users can now securely store private keys and sign transactions on Stellar dapps.

The Stellar Development Foundation announced Meridian 2020, its second annual virtual conference (November 16-20), designed as a global forum to address systemic challenges through diverse perspectives and collaborative action on financial inclusion, cross-border payments, and equitable access to financial systems.